CU 27 03 09 00 Supplemental Extended Reporting Period Endorsement

CU 27 03 09 00 Supplemental Extended Reporting Period Endorsement, September 2000 Edition

Exclusion for 'Hostile/Warlike Action' Does Not Preclude Cyber Damages for Merck

Merck claimed its production facilities and critical applications went offline, disrupting multiple avenues of operations across more than 60 countries.

Illinois Legislature Passes Prejudgment Interest Bill

If signed into law by the Illinois Governor, the bill would add a 9% annual interest to all personal injury and wrongful death actions.

Power Surge and the BOP Form

Power Surge and the BOP Form Q I write an account on an ISO BOP coverage form, BP 00 02 12 99, with attached endorsement BP 04 56 01 97, utility services…

State of Alaska v. Adams

The Alaska Supreme Court made a crucial distinction concerning the proximate cause of workplace accidents when the justices unanimously affirmed a verdict awarding benefits to an injured employee who had admitted to being impaired while at work.

Shareholders Were Sued After Selling Stock in a Private Company. An Exclusion in Their Insurance Policy Precluded Coverage.

A federal district court in Texas has ruled that an exclusion in an insurance policy relating to the sale of securities precluded coverage of a lawsuit…

CA 03 03 10 13 500 Deductible For Work You Performed Does Not Apply

PA Court Rules That 'Unlicensed Driver Exclusion' Runs Counter to State Law

The December 5 opinion held that the coverage exclusion in Nationwide's policy went against the Motor Vehicle Financial Responsibility Law.

Understanding the Definition of "Wrongful Act" in Directors and Officers Insurance Policies

This article explores the significance of this definition, traces its historical development, provides guidance on comparing definitions, highlights the impact of policy exclusions, discusses the wrongful act definition under optional Side-A coverage, and reviews relevant legal cases.

Ordinary Payroll Limitation Described

Ordinary Payroll Limitation Described March 12, 2012 In the typical ISO business income form under ordinary payroll limitation it states in part, "Ordinary…